Cotton Farmers In Xinjiang Have A Wait-And-See Attitude And Expect Higher Cotton Prices In New Cotton.
Xinjiang
The new flowers in the tuuru area have been released gradually, because only a few cotton farmers have been collecting and collecting them, but the overall purchasing volume is not large.
The original plan of a local cotton ginning plant was opened in August 16th, and the purchase price was tentatively set at 5.80-5.90 yuan / kg. If cotton growers actively sell cotton, they can purchase about 30-32 tons a day, but because of the price is not ideal, cotton farmers have no one to sell, and the market has no market price.
Local cotton farmers are reflected in the new flowering season.
list
The parties are not yet settled. Everyone is watching. Cotton farmers also want to wait for the future market and expect higher prices.
Analysis of the industry, the current lint inventory is large, the market lint is temporarily out of stock, plus
National cotton reserves
Support, lint market difficult to rise.
Cotton side, at present, some parts of Xinjiang pre season cottonseed sporadic quotations at 1800-1850 yuan / ton, cottonoil production quotes at 4300-4400 yuan / ton, 42% cotton protein cottage factory offer price of 1850-1900 yuan / ton, cotton short pile stocks less, the general quality of sporadic quotations in 2550-2650 yuan / ton, cotton shell factory price quoted at 850-900 yuan / ton.
At present, cottonseed prices are high, but downstream cotton products and cottonseeds are in an upside down state, if new.
cotton
The market for cotton seeds and downstream products will be greatly adjusted, and the price of cottonseed will be reduced.
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